Now that you've built a payment schedule and understand more about your income and expenses, let's build a group budget to track your season's finances.
Step 1: Module Learning
The budget you will build in Module 5 will be a visual representation of your group's finances. As you begin to collect and spend money the Spend platform will track these finances and update your dashboard.
After you watch Module 5, complete the action items below to continue setting up your account!
Step 2: Action Items
✔️ Add Income Budget Items
✔️ Add Expense Budget Items
Snap! Spend is a financial technology company and is not a bank. Banking services provided by Thread Bank; Member FDIC. The Snap! Spend Visa Debit is issued by Thread Bank pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa cards are accepted.
Your deposits qualify for up to a maximum of $2,500,000 in FDIC insurance coverage when placed at program banks in the Thread Bank deposit sweep program. Your deposits at each program bank become eligible for FDIC insurance up to $250,000, inclusive of any other deposits you may already hold at the bank in the same ownership capacity.
You can access the terms and conditions of the sweep program at https://go.thread.bank/sweepdisclosure and a list of program banks at https://go.thread.bank/programbanks. Please contact customerservice@thread.bank with questions on the sweep program.